In a stunning twist that will shock absolutely no one, SEC Commissioner Hester Peirce has officially declared herself not a crypto influencer, crypto matchmaker, or even a crypto fan club member. This comes after startup OpenVPP, a project with the subtlety of a neon sign in a library, somehow implied a cozy regulatory endorsement via a photo op with Peirce. Spoiler: it’s not a dating app. 🤔
Why Is the SEC Commissioner Denying Support to Private Firms?
Peirce, ever the paragon of impartiality, clarified that attending events doesn’t mean she’s endorsing a project. “Just because I’ve met your CEO in a room with snacks doesn’t mean I’ve met your business plan in a room with snacks,” she said, with the gravity of a penguin explaining why it won’t share the ice. 🐧
Peirce, channeling the spirit of regulatory boundaries (and avoiding awkward LinkedIn endorsements), stated: “I’m here to listen, not to play matchmaker for crypto startups. If your project needs a regulatory seal of approval, maybe consider a careers day at the SEC.”
OpenVPP, a startup with the audacity to exist, posted a photo implying a “working relationship” with Peirce and the SEC. The post claimed they’re tokenizing energy, a phrase that sounds like a penguin’s dream job. Peirce swiftly denied it, because nothing says “regulatory rigor” like a stern email titled “Please Stop Misrepresenting Me.”
Has the US SEC Ever Been Biased?
The SEC, a body founded in the aftermath of the 1929 crash (a time when “blockchain” meant a jail sentence), has a reputation for impartiality… until someone actually checks. In 2024, Republicans launched an investigation into the SEC’s “political interests,” which is about as controversial as asking a penguin if it prefers fish or snow. Meanwhile, cases like Bernie Madoff, FTX, and Coinbase have left the public wondering if the SEC’s bias is toward incompetence. But hey, no proof yet-only a suspiciously high number of “unforeseen circumstances.”
Final Thought
Peirce’s roundtables are like a penguin’s tea party: structured, chilly, and with strict rules about not endorsing anything. The next stop is New York on September 25, 2025. Bring a sweater and your most neutral business card. ❄️
Never Miss a Beat in the Crypto World! (Unless You’re a Penguin, in Which Case You’re Already Doing Fine)
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. Also, please don’t take photos with regulators unless you want to be publicly scolded. 📸🚫
FAQs
Why did Peirce clarify her position on endorsements?
Because some startups are under the impression that a photo op with a regulator is the same as a gold star in crypto kindergarten. Spoiler: it’s not. 😂
What is Peirce’s role in crypto regulation currently?
She’s like a penguin in a meeting room: calm, authoritative, and utterly unimpressed by your tokenized energy plans. 🐧💼
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2025-09-18 16:58